Common use of TERMINATION ALLOWANCE Clause in Contracts

TERMINATION ALLOWANCE. 23.1 Employees whose services are terminated under any of the conditions outlined below shall be eligible for a termination allowance: A. The employee’s job is eliminated as a result of Company changes and other employment with the Company is not offered to him/her. B. As an inducement proposed, or agreed to, by the Company to an employee to resign because of inability or inadaptability to perform properly the duties of the job as distinguished from misconduct. 23.2 Termination allowances due under the above shall be at the base pay rate of the employee at the time of the service termination. Employees will receive severance pay at the time of the service termination not to exceed twenty-six (26) weeks at the rate of one (1) week of pay for each completed year of service. Payment will be made in a lump sum to the employee. 23.3 Employees who have once received their full severance pay allotment, and have later been re-employed or recalled (and not been required to return any severance monies due to proration based on the timing of their re-employment) must complete one (1) full year of employment before being eligible for severance pay for a subsequent layoff. The amount of such severance pay shall be based on the period of employment between the date of the employee’s most recent re- employment or recall and the subsequent layoff. 23.4 At the Company’s discretion, severance pay may be paid to employees leaving the employment of the Company for other reasons, but no such severance pay will be paid to an employee dismissed for misconduct or who voluntarily quits. 23.5 Employees who receive severance pay in a lump sum and are subsequently re-employed by the company may be required to reimburse a portion of the severance payment on a prorated basis based on the length of their layoff period.

TERMINATION ALLOWANCE. 23.1 Employees whose services are terminated under any of the conditions outlined below shall be eligible for a termination allowance: A. The employee’s job is eliminated as a result of Company changes and other employment with the Company is not offered to him/her. B. As an inducement proposed, or agreed to, by the Company to an employee to resign because of inability or inadaptability unadaptability to perform properly the duties of the job as distinguished from misconduct. 23.2 Termination allowances due under the above shall be at the base pay rate of the employee at the time of the service termination. Employees will receive severance pay at the time of the service termination not to exceed twenty-six (26) weeks at the rate of one (1) week of pay for each completed year of service. Payment will be made in a lump sum to the employee. 23.3 Employees who have once received their full severance pay allotment, and have later been re-employed or recalled (and not been required to return any severance monies due to proration based on the timing of their re-employment) must complete one (1) full year of employment before being eligible for severance pay for a subsequent layoff. The amount of such severance pay shall be based on the period of employment between the date of the employee’s most recent re- employment or recall and the subsequent layoff. 23.4 At the Company’s discretion, severance pay may be paid to employees leaving the employment of the Company for other reasons, but no such severance pay will be paid to an employee dismissed for misconduct or who voluntarily quits. 23.5 Employees who receive severance pay in a lump sum and are subsequently re-employed by the company may be required to reimburse a portion of the severance payment on a prorated basis based on the length of their layoff period.

TERMINATION ALLOWANCE. 23.1 23.01 Employees whose services are terminated under any of the conditions outlined below shall be eligible for a termination allowance: A. The employee’s job is eliminated as a result of Company changes and other employment with the Company is not offered to him/her. B. As an inducement proposed, or agreed to, by the Company to an employee to resign because of inability or inadaptability unadaptability to perform properly the duties of the job as distinguished from misconduct. 23.2 23.02 Termination allowances due under the above shall be at the base pay rate of the employee at the time of the service termination. Employees will receive severance pay at the time of the service termination not to exceed twenty-six (26) weeks at the rate of one (1) week of pay for each completed year of service. Payment will be made in The employee may elect to receive a lump sum to the employee.payment or a bi- weekly distribution 23.3 23.03 Employees who have once received their full severance pay allotment, and have later been re-re- employed or recalled (and not been required to return any severance monies due to proration pro-ration based on the timing of their re-employment) must complete one (1) full year of employment before being eligible for severance pay for a subsequent layoff. The amount of such severance pay shall be based on the period of employment between the date of the employee’s 's most recent re- employment or recall and the subsequent layoff. 23.4 23.04 At the Company’s discretion, severance pay may be paid to employees leaving the employment of the Company for other reasons, but no such severance pay will be paid to an employee dismissed for misconduct or who voluntarily quits. 23.5 23.05 Employees who receive severance pay in a lump sum and are subsequently re-employed by the company may be required to reimburse a portion R of the severance payment on a prorated pro-rated basis based on the length of their layoff period.

TERMINATION ALLOWANCE. 23.1 23.01 Employees whose services are terminated under any of the conditions outlined below shall be eligible for a termination allowance: A. The employee’s job is eliminated as a result of Company changes and other employment with the Company is not offered to him/her. B. As an inducement proposed, or agreed to, by the Company to an employee to resign because of inability or inadaptability to perform properly the duties of the job as distinguished from misconduct. 23.2 23.02 Termination allowances due under the above shall be at the base pay rate of the employee at the time of the service termination. Employees will receive severance pay at the time of the service termination not to exceed twenty-six (26) weeks at the rate of one (1) week of pay for each completed year of service. Payment will be made in a lump sum to the employee. 23.3 23.03 Employees who have once received their full severance pay allotment, and have later been re-employed or recalled (and not been required to return any severance monies due to proration pro-ration based on the timing of their re-employment) must complete one one (1) full year of employment before being eligible for severance pay for a subsequent layoff. The amount of such severance pay shall be based on the period of employment between the date of the employee’s most recent re- re-employment or recall and the subsequent layoff. 23.4 23.04 At the Company’s discretion, severance pay may be paid to employees leaving the employment of the Company for other reasons, but no such severance pay will be paid to an employee dismissed for misconduct or who voluntarily quits. 23.5 23.05 Employees who receive severance pay in a lump sum and are subsequently re-employed by the company may be required to reimburse a portion of the severance payment on a prorated pro-rated basis based on the length of their layoff period.

TERMINATION ALLOWANCE. 23.1 23.01 Employees whose services are terminated under any of the conditions outlined below shall be eligible for a termination allowance: A. The employee’s job is eliminated as a result of Company changes and other employment with the Company is not offered to him/her. B. As an inducement proposed, or agreed to, by the Company to an employee to resign because of inability or R inadaptability to perform properly the duties of the job as distinguished from misconduct. 23.2 23.02 Termination allowances due under the above shall be at the base pay rate of the employee at the time of the service termination. Employees will receive severance pay at the time of the service termination not to exceed twenty-six (26) weeks at the rate of one (1) week of pay for each completed year of service. Payment will be made in a lump sum to the employee. 23.3 23.03 Employees who have once received their full severance pay allotment, and have later been re-employed or recalled (and not been required to return any severance monies due to proration pro-ration based on the timing of their re-employment) must complete one one (1) full year of employment before being eligible for severance pay for a subsequent layoff. The amount of such severance pay shall be based on the period of employment between the date of the employee’s most recent re- re-employment or recall and the subsequent layoff. 23.4 23.04 At the Company’s discretion, severance pay may be paid to employees leaving the employment of the Company for other reasons, but no such severance pay will be paid to an employee dismissed for misconduct or who voluntarily quits. 23.5 23.05 Employees who receive severance pay in a lump sum and are subsequently re-employed by the company may be required to reimburse a portion of the severance payment on a prorated pro-rated basis based on the length of their layoff period.

TERMINATION ALLOWANCE. 23.1 23.01 Employees whose services are terminated under any of the conditions outlined below shall be eligible for a termination allowance: A. The employee’s 's job is eliminated as a result of Company changes and other employment with the Company is not offered to him/her. B. As an inducement proposed, or agreed to, by the Company to an employee to resign because of inability or R inadaptability to perform properly the duties of the job as distinguished from misconduct. 23.2 23.02 Termination allowances due under the above shall be at the base pay rate of the employee at the time of the service termination. Employees will receive severance pay at the time of the service termination not to exceed twenty-six (26) weeks at the rate of one (1) week of pay for each completed year of service. Payment will be made in a lump sum to the employee. 23.3 23.03 Employees who have once received their full severance pay allotment, and have later been re-employed or recalled (and not been required to return any severance monies due to proration pro-ration based on the timing of their re-employment) must complete one one (1) full year of employment before being eligible for severance pay for a subsequent layoff. The amount of such severance pay shall be based on the period of employment between the date of the employee’s 's most recent re- re-employment or recall and the subsequent layoff. 23.4 23.04 At the Company’s 's discretion, severance pay may be paid to employees leaving the employment of the Company for other reasons, but no such severance pay will be paid to an employee dismissed for misconduct or who voluntarily quits. 23.5 23.05 Employees who receive severance pay in a lump sum and are subsequently re-employed by the company may be required to reimburse a portion of the severance payment on a prorated pro-rated basis based on the length of their layoff period.. CW A 317 6 F X 0 0 Xxxx x 0 , 000 0